Date: 01 March 2023
Currency | AED |
Minimum Deposit Amount | Personal Account: 100,000 Commercial Account: 2,500,000 |
Maximum Deposit Amount |
Personal Account: No Maximum |
Tenor | 1 year, 2 years or 3 years' tenor |
Interest Rates | Interest paid at the time of full withdrawal (predefined) |
Early Redemption | Possible, no penalty on full early termination, interest paid on predefined rates |
Fixed Interest Rate | This deposit offers customers a fixed rate of up to 5.00% per annum for the full 3 years |
Overdraft Facility Against Deposit | Available against the deposit under lien |
Validity | For funds "New to Bank" only; rates valid until from 1st March 2023 to 31st March 2023 |